Underwriting Manager jobs in Grand Rapids, MI
Underwriting Manager manages daily operations of the underwriting process. Implements underwriting strategy and operational policies for product lines. Being an Underwriting Manager oversees the review and approval process for decisions and recommendations related to complex cases. Defines and establishes procedures for risk criteria, application and renewal, and acceptance and rejection. Additionally, Underwriting Manager develops underwriting team expertise with coaching, support and educational programs. Requires a bachelor's degree. Typically reports to a senior manager. The Underwriting Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. To be an Underwriting Manager typically requires 5 years experience in the related area as an individual contributor. 1 - 3 years supervisory experience may be required. Extensive knowledge of the function and department processes. (Copyright 2024 Salary.com)
Recently Added Underwriting Manager jobs
- Farmers Insurance Group
-
Caledonia, MI
FULL_TIME
-
We are Farmers!
We are… more than just your favorite commercials. At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers.
Farmers is an award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture! To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.
Workplace: Hybrid ( #LI-Hybrid )
Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.
Job Summary
- Evaluates risk, underwrites and processes service transactions for Commercial Underwriting.
- Executes on underwriting policies up to authority limits and services policies for assigned lines of businesses and territories.
Essential Job Functions
- Analyzes, researches and resolves policy to accept, modify or reject account related inquiries from internal and external customers for accounts under $25,000 in premium.
- Reviews issues and collaborates with other stakeholders to ensure resolution.
- Objectively validates information provided for new business, cancellations, amendments, endorsements and renewal transactions within defined scope of discretion.
- Calculates rates and premiums, including premium refunds, and selects the appropriate declarations, coverage forms, exclusions and option coverage in order to complete a policy.
- Utilizes appropriate underwriting tools such as MVRs, product guides and loss control to make determination of acceptability, eligibility, classification and proper pricing based on assigned products and authority levels.
- Evaluates exceptions and provides documentation in adherence to established guidelines.
- Conducts proper review in order to prepare referrals for transactions above authority level to appropriate leader.
- Communicates with both internal and external customers to underwrite and service customer accounts or support initiatives to ensure a positive customer experience.
- Provides support within established performance standards and priorities that are responsive to marketing, underwriting, retention and service goals.
- Routinely refers to departmental procedures relating to issuing, renewing, reinstating, canceling and changing accounts in order to ensure policies are compliant with various regulatory and company guidelines.
- Performs other duties as assigned.
Physical Actions
This role, whether performed virtually or in an office setting, will include normal and customary distractions, noise, and interruptions. Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (example others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to continuously operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.Physical Environment
This position operates in an open office working environment which will include normal and customary distractions, noise, and interruptions.Education Requirements
- High School Diploma or equivalent
- Bachelors degree preferred
Experience Requirements
- Minimum one year professional experience in an office setting.
- Minimum one year related insurance experience.
Benefits
- Farmers offers a competitive salary commensurate with experience, qualifications and location.
- Bonus Opportunity (based on Company and Individual Performance)
- 401(k)
- Medical
- Dental
- Vision
- Health Savings and Flexible Spending Accounts
- Life Insurance
- Paid Time Off
- Paid Parental Leave
- Tuition Assistance
Job Location(s): US - MI - Caledonia KM2
Anticipated application deadline: 4/16/24
At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.
- 16 Days Ago
- Panera Bread
-
Holland, MI
FULL_TIME
- Come Join Panera Bread- an award-winning leader in the restaurant industry and employer of choice for 2022! What's in it for you?A comprehensive benefit package including health, dental and visionPaid...
- 10 Days Ago
- Panera Bread
-
Wyoming, MI
FULL_TIME
- Come Join Panera Bread- an award-winning leader in the restaurant industry and employer of choice for 2022! What's in it for you?A comprehensive benefit package including health, dental and visionPaid...
- 10 Days Ago
- Panera Bread
-
Gaines, MI
FULL_TIME
- Come Join Panera Bread- an award-winning leader in the restaurant industry and employer of choice for 2022! What's in it for you?A comprehensive benefit package including health, dental and visionPaid...
- 10 Days Ago
- Michigan Tap Room
-
Grand Rapids, MI
FULL_TIME
- With a career at HMSHost, you really benefit! We offer: Health, dental and vision insurance Generous paid time off (vacation, flex or sick) Holiday pay Meal and Transportation Benefits 401(k) retireme...
- 14 Days Ago
- Subway - 12556-0
-
Grand Rapids, MI
FULL_TIME
- As part of the Subway® Team, you as a Manager will focus on eight main things: Providing an excellent guest experience Ensuring that great food is prepared & servedKeeping our restaurants functional, ...
- 15 Days Ago
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0 Underwriting Manager jobs found in Grand Rapids, MI area
- The Maddox Agency
-
Grand Rapids, MI
- Job Description Job Description Position: Field Agent Underwriter / Leadership Position Employment Type: Full time and P...
- 4/19/2024 12:00:00 AM
- Kapnick & Company, Inc.
-
Caledonia, MI
- Job Type Full-time Description Founded in 1946, Kapnick Insurance is an independent insurance advisory firm with Michiga...
- 4/19/2024 12:00:00 AM
- Cinnaire Corporation
-
Grand Rapids, MI
- Job Description Job Description Job Summary: The Loan Closing Coordinator provides client relationship and loan manageme...
- 4/18/2024 12:00:00 AM
- InsuraTec Services Group
-
Grand Rapids, MI
- Sales Representative - Remote Company: InsuraTec Services Group Location: Remote About Us: InsuraTec Services Group is a...
- 4/17/2024 12:00:00 AM
- Cinnaire Corporation
-
Grand Rapids, MI
- Job Description Job Description Job Summary: The primary role of the Syndicated Equity Processor is to provide efficient...
- 4/16/2024 12:00:00 AM
- Hastings Mutual Insurance Company
-
Grand Rapids, MI
- Hastings Mutual is currently looking for a Field Property Claim Representative! This is a great opportunity to join our ...
- 4/16/2024 12:00:00 AM
- Symmetry Financial Group The Clayton Agency
-
Grand Rapids, MI
- Simple Solutions Financial Service needs the right agents to help our growing clientele build an asset and not a liabili...
- 4/16/2024 12:00:00 AM
- PlatinumOneLLC
-
Grand Rapids, MI
- Job Description Job Description Health Insurance Sales - Work From Home - High Commissions - AM Best 'A' Rated Carrier ~...
- 4/15/2024 12:00:00 AM
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